583 Franklin Avenue, #4, Brooklyn (Crown Heights), NY, 11238 | $1,295,000

A light-filled and ultra-spacious boutique condo with a private rooftop garden you can only dream of - 583 Franklin Ave Unit 4 is your new home at the crossroads of Prospect Heights and Crown Heights built without compromise.

As intimate as it gets, this 2-bedroom and 2-bath floor-thru beauty was constructed with the best of modern comforts in mind. Beginning with the spacious open-concept kitchen leading to a living space that is embraced by warm oak floors and 3 picture-perfect windows ushering in the soothing western sunlight.

The unique layout features a living room that utilizes the full 20'-width of the building. The kitchen is tastefully designed and features an island, a full array of stainless steel appliances, bright caesarstone countertops and plenty of cabinets for all your storage needs. There's even an enormous laundry and utility closet that is optimal to store away unwanted clutter.

The full bathroom in the hallway is full of elegant details, featuring a Duravit bathtub, herringbone tile flooring and fine award wining German designed brass fixtures. Down this hallway is another storage closet.

Tucked away toward the quiet rear of the building are two ample bedrooms. The luxury primary bedroom has fantastic proportions and features an en-suite bathroom and built-in closet storage and dressing area. The balcony off of this room is situated perfect in between the trees and backyards of Brooklyn neighbors and perfect for those morning coffee breaks or afternoon reading sessions. The closeted second bedroom is ideal for any usage, be it a nursery, home office or guest bedroom.

When you are ready to head up stairs to the roof, you'll find an enviable and spacious rooftop garden that reflects the love and efforts of the owners. This serene escape encompasses nearly 400 SF of private rooftop space that you can customize to your liking while you watch the sunset on the Manhattan and Brooklyn skylines in spectacular fashion.

Please reach out to our team directly for a viewing. Don't miss this chance to see and own a beautiful, well-proportioned home with multiple private outdoor spaces and very low monthlies taxes and common charges!

583 Franklin Ave is a recently constructed boutique 4-unit condominium development at the urban nexus of Prospect and Crown Heights between Pacific and Atlantic Ave. Conveniently located near all the things that make Brooklyn great - Prospect Park, the Brooklyn Museum, the Brooklyn Botanic Gardens, and all the incredible restaurants and neighborhood amenities on Franklin Ave and Vanderbilt Ave. all while being less than a 5 min walk to the Franklin Ave A/C subway stop and 12 minutes to the 2, 3, 4, 5 Franklin Ave subway train. You are steps away from New York City famous mainstays like Chavela's, Winner, Barboncino, Mayfield, gourmet groceries such as Food Garden and plenty of boutique shopping like L Train Vintage and fitness cross training gyms like Tabatha Ultimate Fitness, Blink and Crossfit location.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 4
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 2017
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Walk-up
  • Service Level: Video Intercom
  • OLR#: RPLU33423049360
  • Days on Market: 109 days
  • Website: https://www.raveis.com
    /prop/RPLU33423049360/583franklinavenue_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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583 Franklin Avenue, #4, Brooklyn (Crown Heights), NY, 11238

$1,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,561 $6,128 $8,534
Total Monthly Payment $5,686 $6,253 $8,659

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.